It’s festival time and the deals being splashed on TV, internet, billboards and newspapers tend to appear twice as appealing due to the festive season ads. Be it your dream car or the expensive camera that you have been eyeing for the longest time, or the latest smartphone that costs as much a kidney on the grey market, the deals are all there.
Don’t have the money? The sellers tell you to reach for the plastic card that gives you a loan for about a month. But here’s a small warning if you are rushing towards loading on more debt than you already have: reckless spends on the card lead you to what is loosely called a ‘debt-trap’.
